08282018 Just another moonshot left for Amazon, and then?

Amazon.com, Inc.NASDAQ

Description

⋅ Aug 28, 2018 4:34 AM

As an Amazon investor since 2016, I see end is near.

Although that will happen after another Moon shot.

Ichimoku Wave Theory - 9 total waves will be completed until major reversal happens. 2000-2100 also will be 261.8% of last pivot.

Some good confluence here for major correction.

The correction will be another oppurtunity to catch Amazon at another bargain price point.

Comment

⋅ Aug 31, 2018 3:00 AM

Upside target reached, now we will watch the price action around this level.

Comment

⋅ Aug 31, 2018 3:03 AM

Comment

⋅ Sep 5, 2018 10:04 PM

Entered put position. Game is ON.

Comment

⋅ Sep 6, 2018 3:40 PM

Boom :)

Trend Analysis AMZN

Comments

SilverCross

⋅ Sep 7, 2018 12:13 AM

nope nope nope. no and then. just 6, 7, 8, 9, 10..... and we will call it andromedashot

Getitdoneson

⋅ Sep 5, 2018 5:06 AM

does AMZN have room to go up still tomorrow? And how long will the correction last for you think?

Adongdong

⋅ Sep 5, 2018 5:21 AM

@Getitdoneson, Amazon is doing what's called throw over. Once this phase is done we will see deep correction. As for time, I can't really be sure of it, but we are there..

Getitdoneson

⋅ Sep 5, 2018 6:22 AM

@Adongdong, i googled 'stock throw over' and found nothing. Does it mean that it's the last pump before dump? Do you think buying Sept Puts is a smart play?

Adongdong

⋅ Sep 5, 2018 6:23 AM

@Getitdoneson, Most likely. I wouldn't puts against AMZN until I see clear weaknesses i.e. candles.

Getitdoneson

⋅ Sep 5, 2018 6:40 PM

@Adongdong, Are we in clear weakness yet? Bearish candle plus sell off of nasdaq. If so, what are the target prices for this sell off?

Adongdong

⋅ Sep 5, 2018 10:05 PM

@Getitdoneson, my initial target would be 1890

Adongdong

⋅ Sep 18, 2018 5:29 AM

@Getitdoneson, Target Reached :)